£814,711
This estimated value is based upon the latest sale price for the house of £446,000 on 29 Sep 2005. This value is then adjusted by the current Official House Price Index for READING 1
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4 The Colonnade, Overdown Road, Tilehurst, Reading, RG31 6PR
Phone: 01184439512
| Price Paid | Date |
|---|---|
| £446,000 | 29 Sep 2005 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for READING to estimate the market value.
When this house was purchased in September 2005 the House Price Index for READING was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £446,000 results in an estimated price of approximately £814,711.
| 29 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £446,000 | £368,711 | £814,711 |
The Postcode Pricing Model uses changes in average sales price within the RG31 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 32.799 % | £146,285 | £592,285 |
| 3 Month Average | 41.613 % | £185,594 | £631,594 |
| 6 Month Average | 74.174 % | £330,817 | £776,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £687,021 | £675,000 | 14 CLEVEDON ROAD |
| 17 Jul 2023 | £897,074 | £885,000 | 41 OAK TREE ROAD |
| 30 Mar 2023 | £888,370 | £880,000 | 29 OAK TREE ROAD |
| 5 Jan 2023 | £1,642,264 | £1,650,000 | 995 OXFORD ROAD |
| 5 Aug 2022 | £817,799 | £820,000 | 38 OAK TREE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rissington Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Carlisle Road |
| Mar 2024 | Public order | Under investigation | On or near Oak Tree Copse |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Overlanders End |
| Mar 2024 | Burglary | Under investigation | On or near Overlanders End |